Saturday, June 26, 2010

Friday, June 25, 2010

US Lawmakers Push Bill to Punish China on Currency


US Lawmakers Push Bill to Punish China on Currency

VOAvideo US lawmakers are pushing new legislation that would punish China, accusing Beijing of manipulating its currency to give the country an unfair edge in global trade. The latest charges come days after China pledged limited currency reforms to allow the yuan to appreciate slightly. But the US bill's sponsors say China's move is a cynical attempt to deflect criticism of its monetary policies ahead of the G20 meeting in Canada. Mil Arcega files a report.

Thursday, June 24, 2010

Markets Rally on China's Announcement That Yuan Will Float More Freely



VOANews: Markets Rally on China's Announcement That Yuan Will Float More Freely

VOAvideo — June 22, 2010 — Market analysts say The New York Stock Exchange and other world markets are extending a rally Monday which began after China announced it would allow its currency to appreciate against the U.S. dollar. Critics say the Chinese have kept it unofficially low to boost their exports. A stronger yuan will make imports, including American goods, more affordable for Chinese buyers. VOA's Laurel Bowman has that story.

Tuesday, June 22, 2010

China's Global Media Push Includes Broadcasts to Suburban Washington



VOAVideo: China's Global Media Push Includes Broadcasts to Suburban Washington

VOAvideo — June 15, 2010 — At a time when Western media companies are cutting back, Chinese government-run news services are expanding. Rapidly. The Chinese effort includes weekday broadcasts from a small radio station, just outside Washington. VOA's Laurel Bowman visited WUST-AM in Falls Church, Virginia and filed this report.